The Information Technology 100
As Google prepared for an initial public offering last August, the search kingpin was suddenly the company that could do no right. Regulators were chagrined by a Playboy magazine interview that hit during Google's quiet period, while investors were cool to the company’s auction-style sale of IPO shares. At the last minute, Google slashed its asking price to $85 per share.
Since then, the company has blown away even its most sanguine supporters. Its search offering continues to gain popularity, despite the best efforts of rivals Yahoo! and Microsoft. And Google has rolled out several new interesting features, from satellite-image maps to the ability to search the texts of millions of books. With sales up 118% in 2004 to $3.2 billion, the company's stock has responded in kind, jumping 213% to $266, as of May 27.
|Return on Equity||20.6%|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
† Total return is based on less than one year of data because IPO has occurred since May 30, 2004.
Data provided by Standard & Poor's Compustat, BusinessWeek
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